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Update news VAMA
VietNamNet Bridge - If Russia and Belarus focus on making low-cost trucks, they will find firm positions in the Vietnamese market.
VietNamNet Bridge - Under the latest version of the draft luxury tax law, cars will not be priced lower before 2018.
Experts said that Vietnam can take full advantage of Japanese auto manufacturers’ support and Vietnamese businesses could, as a result, become second-class car part suppliers to Toyota and other foreign-invested enterprises (FIEs).
VietNamNet Bridge - The Ministry of Finance (MOF) believes that policies on giving preferences to the automobile industry must be removed because they did not help develop the industry in the last two decades.
VietNamNet Bridge - Some foreign investors have warned that they may leave Vietnam because of unfavorable conditions to do business. However, Vietnamese businesses and analysts believe they will stay in the country.
VietNamNet Bridge - The Trans Pacific Partnership Agreement (TPP) brings a ray of hope to the Vietnam’s automobile industry.
VietNamNet Bridge - The Ministry of Finance (MOF) is considering cutting the corporate income tax as a way to encourage the domestic automobile industry. However, manufacturers still say the promised tax incentives are not attractive.
VietNamNet Bridge - The government of Vietnam does not intend to give up the dream of developing an automobile industry, even though it has failed to do so in the last two decades.
Many years ago, Vinaxuki made its way in the world, greeted with applause from state management agencies, which vowed to develop a Vietnamese automobile industry.
VietNamNet Bridge – The breakup of the State with Vinamotor, in the eyes of analysts, is an “unhappy ending” of a strategy to protect domestic automobile production.
VietNamNet Bridge – Vietnam’s automobile industry, as part of its development strategy, is focusing on manufacturing trucks.
VietNamNet Bridge – The Chief Executive Officer (CEO) of Toyota Vietnam has replaced Ford Vietnam’s CEO to assume the chairmanship of the Vietnam Automobile Manufacturers Association (VAMA) as of January 30, according to VAMA’s announcement.
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VietNamNet Bridge – Sales of domestically assembled cars in Viet Nam rose 19 per cent in 2013, the Viet Nam Automobile Manufacturers Association (VAMA) said last Saturday.
VietNamNet Bridge – Viet Nam's automotive industry could face major collapse under commitments to the ASEAN Free Trade Area (AFTA) which will abolish auto import taxes in 2018.
Automobile manufacturers have successively launched the car models with the cylinder capacity of less than 2.0L, hoping the models would help stimulate the demand.
While keeping complaining about the small scale of the Vietnamese market and the changeable policies, foreign automobile manufacturers still have been flocking to Vietnam.
VietNamNet Bridge – The Ministry of Finance (MoF) has rejected measures proposed by the Viet Nam Automobile Manufacturers Association (VAMA) to reduce vehicle taxes in order to help auto makers overcome their current difficulties.